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Wow, the guy was only appointed in June and he has resigned already. Rampers will claim this is positive but we all know constant resignations show how bad things are at HUR. Game over soon?
Dr Parsley is a geologist with over 50 years' experience in the oil and gas industry, primarily at Shell where he held senior positions including Global Head of Exploration, Head of New Business Ventures and E&P Planning, Chief Executive of Syria Shell and Chairman of Shell Australia.
Maybe he found Bev and the team overly conservative?
Maybe he was brought in to oversee the technical review
Who knows maybe they were pushed by the new CEO as non executive directors most are there purely to collect a nice paycheque for very little input..!
What is kerogens share Holdings, wee they not aging the short game??
“ Dr Parsley was Kerogen Capital's shareholder director pursuant to the relationship deed signed in 2016. Mr Leonard Tao has also resigned as an alternate director to Dr Parsley.”
It looks like we’ll get a TR1 from Kerogen soon.....
Or maybe there is a bid in the works...
Hahaha, rampers getting so desperate.
If anything, it's the remaining shorters (whom if they were smart would have closed by now) who seem desperate, time (or maybe the next RNS) may tell.
Takeover offer by mid October / early November so expecting the SP not to move in order to maintain a low 3 month average.
5p (maximum) offer.......................
Imagine Ker dumping all their shares on the market. Also, they are unlikely to be able to repay CBs. Game over soon?
Hilarious..!! what are they going to do take the cash out of the company and give shareholders that... its equivalent to about 5p..!! I’m sure shareholders will be biting there hand off..!! Please try harder
If there is a potential bid here, it will certainly not be for anything less than 12-14p range as minimum IMO, bod will likely not accept anything less here.
Dick, remember SXX! HUR is going the same way. Accept the offer, when it comes, or lose everything............,,
At least, SXX had a bid. In HUR case, shareholders are likely to be wiped out by the bonds.
Last 8 sessions about half the shares on the company have changed hands. Kerogen could already be out... that said this looks like new ceo setting the new landscape.
Sure.!!!Thanks ’s for your Non-agenda advice
Ley's say there was the slightest chance of a bid. Bid will pribably just be enough to repay bonds, leaving a big fat 0 for shareholders.
Dr_Kaboom ... Calm down, don't get so stressed, you'll give yourself a heart attack at this rate ..
Kaboom. CA have massively increased, so they see value....
SXX ran out of cash.
HUR is cash generative.
They do not stand comparison.
Probably KC is handing over to CA - but who really knows - time will tell!
Not cash generative enough to pay bondd though. Hence, most likely scenario is that current shareholders will be wiped out, due to HUR inability to repay debt.
Sxx had no revenue. A cheap TO could still be on cards...sadly
HUr have plenty of capital to pay bond interest....so not too dissimilar to others struggling to pay down the principal. Kick it down the road, do a new well and invest
why would kerogen selling to CA for 3p knowing company will soon be sold for 5/6p ?
you are not being told the truth.
something stinks and the board no longer acting in share holders interests.